What’s in Jefferies Financial Group Inc (NYSE:JEF) After Decline in Shorted Shares?

The stock of Jefferies Financial Group Inc (NYSE:JEF) registered a decrease of 7.33% in short interest. JEF’s total short interest was 7.38 million shares in September as published by FINRA. Its down 7.33% from 7.97M shares, reported previously. With 1.73M shares average volume, it will take short sellers 4 days to cover their JEF’s short positions. The short interest to Jefferies Financial Group Inc’s float is 2.89%.

The stock decreased 0.20% or $0.04 during the last trading session, reaching $20.33. About 1.74 million shares traded or 8.36% up from the average. Jefferies Financial Group Inc. (NYSE:JEF) has declined 13.47% since September 13, 2018 and is downtrending. It has underperformed by 13.47% the S&P500.

Jefferies Financial Group Inc., a financial services company, offers a range of services and products in investment banking, equities, fixed income, and wealth management in the Americas, Europe, and Asia. The company has market cap of $6.22 billion. It engages in the debt capital market, equity capital market, merger and acquisition, private capital advisory, and restructuring and recapitalization businesses. It has a 6.44 P/E ratio. The firm also offers cash equities; electronic trading solutions, such as global algorithmic and portfolio trading solutions; equity derivatives, such as U.S. equity options, U.S. exchange-traded funds, and Europe equity derivatives, as well as trades in a range of convertible securities from large investment-grade issues to small private transactions; access to investors and logistics; and prime services.

More notable recent Jefferies Financial Group Inc. (NYSE:JEF) news were published by: Seekingalpha.com which released: “Stocks To Watch: Prime Day And FAANGs Out In DC – Seeking Alpha” on July 13, 2019, also Finance.Yahoo.com with their article: “Is Jefferies Financial Group Inc. (JEF) A Good Stock To Buy? – Yahoo Finance” published on June 10, 2019, Finance.Yahoo.com published: “Volatility 101: Should Jefferies Financial Group (NYSE:JEF) Shares Have Dropped 23%? – Yahoo Finance” on July 03, 2019. More interesting news about Jefferies Financial Group Inc. (NYSE:JEF) were released by: Businesswire.com and their article: “Jefferies Financial Group Inc. Announces Proposal to Acquire Balance of HomeFed – Business Wire” published on February 19, 2019 as well as Seekingalpha.com‘s news article titled: “Pfizer To Buy Array BioPharma For $48 A Share In Cash; You Buy XBI – Seeking Alpha” with publication date: June 17, 2019.

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